Try out the #1 highest rated Amazon FBA course + mentorship program for FREE: https://www.ecomfreedom.com/amazon (7 Day Free Trial) Check out the Ecom Freedom YouTube channel for Amazon + Shopify videos from million dollar sellers:
https://www.youtube.com/channel/UCJIsXfF40vjlK7VK5fMJazg If you've been wondering if Amazon FBA is the right business for you… I'll answer that question in this video. Amazon FBA is an incredible business model that allows you to sell products online and make passive income. There are millions of products you can sell and lots of different niches to choose from… but it's definitely not for everyone. Here is what the lifestyle of successful Amazon FBA seller looks like:
– You wake up in the morning whenever you want, without having to wake up to an alarm.
– Your morning routine consists of opening up Amazon Seller Central, looking at yesterday's sales, optimizing your PPC campaigns, looking at your reviews, dealing with any support emails, etc.
– There is about 1-2 hours a day of work you have to do to maintain your business. 3-4 to grow it.
– The rest of your day is free for you to live as you want and to do the things you love (but you are constantly refreshing Amazon Seller Central to check your sales)
– During the evenings you're talking to your suppliers if they're in China (due to time difference) – to discuss placing a new order or launching new products.
– $1,000 in daily sales = $300-400 in profit
– There is no physical human contact really – you're mostly working alone, but you can live freely. If you want:
– A set wake up time and a set routine
– Great coworkers and to have an actual network at work.
– To not always be thinking about your business in the back of your mind.
– To have weekends and be able to check in at 9am and checkout at 5pm. Then Amazon FBA is not for you. If you want:
-The ability to wake up whenever you want.
-The feeling of accomplishment of running your own business and making passive income selling products that people love.
-To set your own schedule and do whatever you want every day.
-You're fine with working alone and just living your life and filling that social gap IRL.
-You're OK and you're good with money management, managing cashflow, managing taxes, etc.
-The mild/moderate stress of running you're own business. -You're OK with losing money to achieve success. Then Amazon is the right business for you! Timestamps: 0:00 Introduction 0:10 Is Amazon FBA the right business for you? 1:42 A day in the life of an Amazon FBA seller 6:30 What are other types of online businesses? 7:32 Amazon or Shopify? 8:36 Best ways to make money online 💯 Useful Links To Help Start Your Business 💯 Jungle Scout – #1 Amazon FBA Product Research Tool (Cheapest price using this link)
https://www.ecomfreedom.com/junglescout Shopify (Exclusive Free Trial):
https://shopify.pxf.io/GjQL6n Ecom Freedom Amazon Starter Pack (FREE):
https://www.ecomfreedom.com/getstarterpack Best US Personal Credit Card (+ Ecom Freedom Bonus):
https://www.ecomfreedom.com/chasepersonalcard Best US Business Credit Card (+ Ecom Freedom Bonus):
https://www.ecomfreedom.com/chasebusinesscard Best Canadian Personal Credit Card (+ Ecom Freedom Bonus):
https://www.ecomfreedom.com/getamexpersonalca Best Canadian Business Credit Card (+ Ecom Freedom Bonus):
https://www.ecomfreedom.com/getamexbusinessca Ecom Freedom Profit Calculator: (Calculate your exact profit margin + costs for your product)
https://www.ecomfreedom.com/profitcalculator Ecom Radar – #1 Shopify Product Research Tool (FREE)
https://www.ecomfreedom.com/ecomradar Create a US LLC here (the service I use):
https://www.ecomfreedom.com/northwest Create a Canadian company here (for Canadians):
https://www.ecomfreedom.com/lawdepot New Ecom Freedom Youtube Channel:
https://www.youtube.com/channel/UCJIsXfF40vjlK7VK5fMJazg My Social Media:
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Podcast: https://podcasts.apple.com/us/podcast/the-dan-vas-show/id1429283932 Thank you for watching & subscribe for more!